Political Quotes

“I noticed, Representative Speier, that you love charts too. So I borrowed this. I think you used it earlier today. This is instructive. You were just talking with the Representative, our friend from San Diego, about the enormous increase that took place for the National Institutes of Health during the George W. Bush conservative period of time. It is right there, $21 billion; and then over the years, it began to lose a little bit of its, I guess, interest. And then, as we went into the late years of the George Bush administration, it dropped down there. And then, of course, the great crash. A little bump here, which I think is the stimulus bill, pushing more money into research at the National Institutes of Health. And then we have seen, beginning in 2010, what has got to be one of the stupidest policies this Nation has engaged in. {time} 1815 It happened to be in 2011, when the House changed from Democratic control to Republican control. We have seen a very steep decline--a $1.5 billion reduction and annual decline in the National Institutes of Health. This same decline in the last 3 years is what is the result of the austerity budgets that have been imposed upon us by the Republicans trying to solve the national deficit by cutting Federal expenditures. The entire European community has come to the conclusion that doesn't work. Austerity budgeting does not increase economic growth. It has caused stagnation.…”